Bitcoin’s $80K Rally Exposes Growing U.S. Dollar Risks, Analyst Says

TL;DR

• Bitcoin reclaimed $80,000 after the U.S. Treasury said it would double purchases of long-dated bonds, a move Anthony Pompliano linked to money creation.
• Pompliano argues that abundant dollars increase the premium on scarce assets, placing Bitcoin’s fixed 21 million supply at the center of his long-term thesis.
• He maintains a $1 million Bitcoin target and sees monetary policy, rather than new crypto legislation, as the stronger driver supporting Bitcoin’s valuation.

Bitcoin’s return to $80,000 on August 25 was more than another milestone for Anthony Pompliano, CEO of Professional Capital Management. He linked the move directly to the U.S. Treasury’s announcement that it would double purchases of long-dated bonds, arguing that renewed government demand for Treasuries reinforces Bitcoin’s monetary case. Pompliano’s central warning is that persistent money creation keeps weakening the long-term appeal of the dollar while strengthening scarce assets. Bitcoin later traded near $78,015, down about 1.4% over 24 hours after briefly reclaiming the $80,000 level during a volatile session.

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